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Top related persons:
— - 1 Cole Smead - 1 Switzerland's - 1 Julius Baer - 1 Smead - 1 CNBC's - 1 RoE - 1 UniCredit - 1
Top related locs:
Europe U.S
Top related orgs:
Service - 1 U.S . Bureau of Labor Statistics - 1 Federal - 1 Savings - 1 Savings Western Alliance - 1 Smead Capital - 1 Western Alliance Bank - 1 KBW - 1

Search resuls for: "Western Alliance Bank's"


2 mentions found


☆ Inflation is still high, but it has 1 big upside for your money
  + stars: | 2024-02-17 | by ( Jennifer Streaks | Sarah Silbert | Senior Personal Finance Reporter | ) www.businessinsider.com   time to read: +4 min
One silver lining is that inflation generally corresponds with higher rates on savings accounts. CDs and high-yield savings accounts currently earn more interest on your money. AdvertisementHere are some smart moves you can make to get the most out of your money when inflation is high:Shop around for higher interest rates on savingsIncreased inflation generally corresponds with higher interest rates paid by high-yield savings accounts. High-yield savings accounts are designed to make your money grow in a way a typical savings account can't. Boost Your Savings Western Alliance Bank's savings account offers an industry leading APY.
Persons: — Organizations: Service, U.S . Bureau of Labor Statistics, Federal, Savings, Savings Western Alliance
☆ 'This stock could double': Fund manager loads up on shares of two banks amid the volatility
  + stars: | 2024-02-06 | by ( Ganesh Rao | ) www.cnbc.com   time to read: +3 min
There are opportunities in the banking sector despite a rise in volatility and concern over steep losses at some lenders, according to fund manager Cole Smead. The stock makes up 1.36% of the Smead Value Fund . He believes UniCredit's share buybacks while the shares trade below book value will drive book value growth higher than the current 8% return on equity. "When you buy back shares below book, there is a multiplier effect on book value growth," Smead explained. The fund manager expects UniCredit will trade above book value over the next 12-18 months and use its stock to pursue further acquisitions.
Persons: Cole Smead, Switzerland's, Julius Baer, Smead, CNBC's, RoE, UniCredit Organizations: Smead Capital, Western Alliance Bank, KBW, New York Community Bancorp, Investors, Western Alliance Bank's, CNBC Pro Locations: Europe, U.S
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